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Logistic terms


We’ll help you make sense of the industry jargon and terms used.

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Kanban

1. A method which, during storage, uses standard units or lot sizes with a single card attached to each. 2. A pull system used at a stock point in which a supply batch is ordered only when a previous batch is withdrawn.

Keel

Longitudinal girder at the lowest point of a vessel from which the framework is built.

Knot

Unit of measurement for the speed (of a vessel) equal to a nautical mile (= 1852 meters) per hour.

Kyoto Convention

Convention for the International Customs Cooperation Council held in Kyoto in 1973 for the simplification and harmonization of national customs procedures.